The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming expertise, and comes with a variety of features that can take your trading to the next level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy, and then check how many trades were opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.